So this morning I received a cheque for ppi, I was expecting this to go straight to the iva(or the company thats dealing with the ppi), I think the reason its come to me is because this particular ppi was from a loan paid off long before the iva started and hence was not mentioned in the iva.
what do I do with this cheque now?? cash it and pay into my iva? or send cheque? really dont know?
If nothing else the claims company dealing with this will be wanting their commission. As for the balance some (increasingly few) IP's allow you to keep refunds from old loans, so I would speak to your IP and ask him / her what they want done.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Never spoke to my IP, have tried several times, just seem to get a different person every time I phone....... I haven't phoned in 12 months, hopefully I can speak to them this time!
It's clear to me, you borrowed the money therefore you should do everything possible to pay every penny back of the full original amount and not try to find ways and points to keep any of it
Different matter if CC issued and if PPI was never a consideration.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
I'll email them and ask what I should do, didnt expect to keep any of the PPI money and yes it should go in the IVA, I am not trying to wriggle out of paying PPI to my IVA,
its strange that the cheque has come to me and is in my name and not gone straight to the CMC, as my other PPI claims have done
The last thing they should do is send a big cheque the likes of me! lol
